About the Organisation
Centrepoint is the UK’s leading youth homelessness charity. We support over 16,000 young people every year and campaign to end youth homelessness by 2037.
We provide the expert support and secure housing that young people need to reclaim their dreams and have a future beyond homelessness.
Our activities include:
- Pre-16 Prevention – Working with partners in schools to identify 11-16 year olds who are at hidden risk of homelessness.
- Supported Housing – We run over 60 accommodation services across 15 boroughs in London, Sunderland, Manchester, Bradford and Barnsley. Our services aim to provide security to young people and inform on the causes of homelessness.
- Education, Training and Employment – Putting young people on the path to lasting employment through functional skills training and other learning initiatives.
- Support and Advice – We provide a dedicated helpline, and financial and legal advice for young people at risk of or experiencing homelessness.
- Independent Living – The Independent Living Programme provides young people with a home to call their own. It is our solution to breaking the cycle of young homelessness for good.
- Moving On – Our overall goal is to prepare homeless young people to live independently. To help young people take the big step, we prepare young people for moving on while they’re with us. And we continue to support them for six months after they’ve left.
- Policy and Research – Centrepoint campaigns to influence national and local government policy that affects homeless young people. We focus on areas of policy including housing, family and health.
- Collaborations and Partnerships – We collaborate with third sector and local authority partners to help prevent homelessness nationwide. Our Partnering Membership scheme represents a national network of over 100 organisations supporting homeless young people.
Request details:
Centrepoint have a number of one bed properties located principally in the Redbridge and Ilford areas of East London. Historically these properties were purchased as part of their “move through” initiative. However, over time they have become more of a liability than benefit and they are exploring how best to manage these units.
They are looking for assistance with getting a strategy in place for these units. They are interested in disposal. However, there are GLA grant monies on the properties of over £1.1million which may have to be returned so an outright disposal may not be the most financially attractive route.
Alternatively, they are considering leasing to another Housing provider so that Centrepoint retain the assets.
Centrepoint would be grateful for pro bono asset management advice to assess the above options, together with identifying any other options that they haven’t thought of themselves.
Timeline
ASAP